Awards and recognitions
Sava Pension Company is the European winner in the category of asset managers up to 1 billion euros
At this year's prestigious IPE (Investment & Pensions Europe) awards, which took place in Vienna, Austria, Sava Pension Company was declared the winner in the "Small pension fund" category, which refers to asset managers up to 1 billion euros under management.
"The clear focus in communication with members, the use of modern technology and attractive content" are the main aspects according to which the jury committee awarded this award to Sava Pension Company, recognizing the advantages of their work through:
- investments in professional development of employees and improvement of the investment process;
- an educational blog portal with content provided by employees; and
- a mobile application that allows members to update personal information.
The company was also shortlisted in the "Equities" category at the European level.
"The dedication and expertise of the team of good people who work responsibly and dedicatedly this time also brought a huge success - a victory at the European level. This recognition encourages and obliges us to continue our successful operation in the interest of the members and retired members of the funds we manage".
IPE (Investment & Pensions Europe) has been rewarding excellence, diversity and innovation in pension fund operations on the European continent for 23 years. The event itself represents the largest annual gathering of pension companies and asset management companies in Europe.
Sincerely,
Sava Pension Company a.d. Skopje
Sava Pension Company again with a victory at the annual World Finance Pension Fund awards
Sava Pension Company was once again the focus of interest of the World Finance Pension Fund Annual Awards Jury Committee, as well as the wider World Finance community, who expressed admiration for the Company's operational characteristics.
That's why it was no surprise that Sava Pension Company took the victory for the second year in a row in the category "Best Pension Fund - Macedonia - 2023."
Sava Pension Company shows strong leadership. The company is an example of a leading, award-winning company, which is at the forefront of pension fund management expertise in the region, as well as a benchmark for excellence and leadership among pension fund management companies in Macedonia" - the members of the jury committee point out.
In a world of rising interest rates, rising inflation and a challenging investment environment, the pension fund industry's focus remains on the needs and objectives of their clients, along with the desire for greater efficiency and building stronger risk resilience and client-centric business dynamics.
As one of the leading pension fund management companies in Macedonia, one of the many strengths of Sava Pension is the strategy that delivered positive performance in crisis conditions. Their approach demonstrates a wealth of experience in achieving customer satisfaction, and further enhances a proactive, comprehensive understanding of pension insurance needs.
All this indicates that Sava Pension meets the highest expectations and demands of clients in the management of pension funds.
Sincerely,
Sava Pension Company a.d. Skopje
"WORLD FINANCE" DECLARED SAVA PENSION COMPANY "BEST PENSION FUND - MACEDONIA - 2022".
After the large number of votes in support of the nomination, the jury committee of the specialized magazine in the field of financial industry, international business and global economy "World Finance" declared Sava Pension Company a.d. Skopje for the winner in the category "Best pension fund - Macedonia - 2022".
This year's Pension Fund Awards program aimed to reflect, showcase and highlight industry innovators and leaders in the 'new normal' landscape.
According to this respectable magazine and the jury committee, a time of challenges is ahead, but it also leads to innovation and change in the current offer of pension funds. "There are a number of urgent operational issues to consider in the 'new normal' landscape, which means that Pension Fund Management Companies that act soonest in these circumstances will gain stronger influence, certainty and confidence among members."
It is in this context that the judging panel of the Pension Fund Awards, as well as the wider World Finance community, are impressed by the operational efficiency, customer-first orientation, excellence and durability of the business model and approach of Sava Pension Company.
"One of the advantages of Sava Pension is the very convincing program of education/contact with clients, which enables the population to have a proactive, comprehensive understanding and knowledge about the essence and importance of the pension system, as well as about the needs and goals of their potential pension plans.
This is a clear demonstration that Sava Pension meets the highest expectations and demands of customers in the "new normal". One of the fundamental factors for the strong leadership and success that Sava Pension has demonstrated over the years is the operational advantages that membership in the highly respected Sava Insurance Group brings.
This enables Sava Pension to be one of the largest, award-winning Pension Fund Management Companies at the forefront of pension fund expertise in the region. Even more, Sava Pension is a benchmark for excellence in relation to pension fund issues and expertise." - say the expert jury for the award.
For the Management Board of Sava Pension Company a.d. Skopje, this award represents just one more of the series of confirmations for the quality of the Company's services. "The greatest credit for the quality of our services goes to our highly professional team of employees and pension agents who measure their success solely through the satisfaction of the members they serve. This award is also a confirmation of the validity of the main pillars of our strategy: (i) digitized services, (ii) the client's needs as the main decision-making postulate, (iii) sustainable investment and sustainable business practices.
Sincerely,
Sava Pension Company a.d. Skopje
Award category "Central and Eastern Europe"
The Investment & Pensions Europe AWARDS Commission in the "Central and Eastern Europe" category decided to select NLB New Pension Fund AD Skopje in the shortlist of prize-winners. Members of the Commission for Our Society stated:
"This is a Pension Company that has a very strong focus on clients, an openness in terms of investment, a willingness to develop financial knowledge and educate the country's population about the importance of the pension system."
"NLB New Pension Fund AD Skopje is a company that has well-trained staff and highly integrated policy for Ecology, Social Responsibility and Responsible Corporate Governance (ESG), which it applies when selecting companies in which it invests the assets of the pension funds."
"They are a company with well-defined investment management processes and initiatives to raise public awareness about the pension system and financial operations."
"This year they entered the narrowest choice and we believe they might be at the top next year."
Award category "Defined contribution schemes and hybrid strategies" (DC & Hibrid Strategies)
In the category of "Defined Contribution Schemes and Hybrid Strategies", NLB Nov Penziski Fond AD Skopje entered the narrowest circle of candidates for this award, which is awarded "IPE AWARDS" for 2017. Members of the Commission for Our Company stated:
"The company has built a modern and structured decision-making process that relates to members. They found a way to reach the population, and as a result, 15% of the working population in their country has visited the educational website in order to get more information about the pension system. "
• "Although legislation defines investment restrictions, they successfully assess the assumptions of a good allocation of funds."
"Because the public has low interest in the pension system, they are students in a big marketing campaign that has the sole goal, educating the general public, and especially the members of the pension funds. Well-planned activities in the long run will benefit members. "
"Despite all the restrictions in the investment process, they have excellent results. They are aimed at transparent working and education of members and the general public about the benefits of the pension system in their country. Their strategy says that over 30% of the annual marketing budget is ready to be used to educate the population in Macedonia, and thus expect to raise the awareness of the population about the reformed pension system. Much of their activities are directed towards the education process of the population for pension insurance because it is a country that has no long tradition in this segment. "
NLB New Pension Fund AD Skopje
The IPE jury’s award explanation characterizes the obligatory fund managed by the NLB New Pension Fund as a “Fund with innovative and complex investment strategy” aimed towards realization of the Fund’s objectives. The risk management, the focus on the long-term perspectives of the companies in which funds are being invested, as well as the development of the human capital which is key in terms of the Fund management, were particularly pointed out.
NLB Nov Penziski Fond AD Skopje
NLB New Pension Fund AD won the 2014 "Best Pension Fund of Central and Eastern Europe" Award
The renowned IPE Publishers magazine of London, when choosing the winner, takes into account a multitude of factors that to NLB New Pension Fund AD Skopje, attach the epithet of a leader in the region of Central and Eastern Europe. Among the factors which the IPE Commission, consisting of judges, renowned representatives of the industry and academia, in addition to the actual yields assessed from the perspective of risks undertaken, takes also into consideration are also the philosophy, quality, innovation and active approach to management of assets, as well as the quality of risk management, corresponding corporate governance system, human capital quality, and a number of other factors which speak of the position of the Company in the region.
National Recognition for Social Responsibility Goes to NLB Nov Penziski fond AD Skopje